Gold Isn’t Overpriced on Purchasing-Power Test, BlackRock’s Evy Hambro Says

Markets, Gold, Silver, News Hambro told Bloomberg TV gold “could go a lot higher” as long-term price decks lag spot; miners’ margins are among the strongest he has seen. 

BlackRock’s Evy Hambro reframed the question of whether gold has run too far by focusing on what the metal actually buys rather than where the headline price sits.

In a Bloomberg Television interview on Tuesday, the Global Head of Thematic and Sector Investing said internal comparisons show gold stretches further …

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